DODOXUSDT.P trade ideas
DODOUSDT DODOUSDT (1H Chart) Technical Analysis Update
Waiting for the resistance breakout
DODO/USDT currently trading at $5.367
Buy-level: Above $5.45 (only buy if 1h candle closes above $5.45)
Stop loss: Below $4.93
Target 1: $5.75
Target 2: $6.00
Target 3: $6.25
Target 4: $6.50
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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DODO on a range break soon 🦐After the recent highs DODO started an endless range trading between 2 structures.
According to Plancton's strategy if the price will break above we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Leave a comment that is helpful or encouraging. Let's master the markets together
🔥 DODO Horizontal Channel Break OutIn my previous DODO analysis, I predicted that the price would bounce from the lower support level:
That signal was a success. Now, the price has managed to break through the top resistance of the channel, potentially starting a new bullish push upward.
I'd expect the price to fall back towards the top resistance of the channel, which is now an area of support.
Happy trading!